Shelby County United Fund Inc
Analysis
Shelby County United Fund Inc is a registered charity in United States, based in Shelbyville, IN. It received its IRS tax-exemption ruling in February 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Shelby County United Fund Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-6.8%), an average of -1.8% a year. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shelby County United Fund Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Westmoreland Fayette Historical Society ($1.1m), Emmanuel Music Inc ($1.1m) and Sickle Cell Disease Association of America Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $69k (6.5% of expenses). Other salaries and wages came to $38k. At year end it held assets of $2.6m against liabilities of $9,366, net assets of $2.6m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 6.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Westmoreland Fayette Historical Society | Scottdale | $1.1m |
| Emmanuel Music Inc | Boston | $1.1m |
| Sickle Cell Disease Association of America Inc | Hanover | $1.1m |
| Illinois Scottish Rite Fund | Orland Park | $1.1m |